Introduction
In recent years, the NFT market has experienced significant growth, driven by the increasing demand for digital art, collectibles, and unique virtual assets. ProudCamel, our innovative NFT project, seeks to challenge the conventional perception of camels and embrace a proud cultural heritage. Co-founded by Abdullah, a Saudi citizen with a strong background in investment and capital markets, and Andika, a skilled Web 3.0 developer and enthusiast, ProudCamel aims to bridge the gap between Web 2.0 and Web 3.0 finance, focusing on the Islamic Finance sector.
Abdullah and Andika have a vision to integrate Islamic finance concepts into the Web 3.0 sector and launch a Web 2.0 business in Islamic finance. ProudCamel is venturing into ambitious territory, with the project currently researching the establishment of a Web 2.0 Financial System, which would be connected to their Web 3.0 initiatives.
ProudCamel's tokenomics involves splitting NFT sales revenue equally between Web 2.0 and Web 3.0 wallets. The Web 3.0 roadmap includes transforming existing DeFi protocols into Islamic finance models or leveraging them to grow the project's capital. The Web 3.0 ecosystem features an NFT Marketplace for trading within the ProudCamel network, an auto-compounder DApp similar to Beefy, and a decentralized exchange (DEX). The native cryptocurrency, $CAMEL, is currently under development.
The project aims to introduce investors from various backgrounds to the Web 3.0 DeFi ecosystem while making Web 2.0 businesses accessible to the Web 3.0 community. Additionally, 25% of the Web 3.0 wallet will be invested in existing DeFi projects, with profits distributed as airdrops to NFT holders. Through ProudCamel, Abdullah and Andika seek to build a bridge between the traditional and decentralized finance worlds while fostering pride in cultural heritage.
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